Bear Flags Dont Always Breakdown!

We were watching this Bear Flag form in CVS stock, we were looking for a break of $100.

The proper trade was to short the $100 break, we wanted to get in early to lower our risk, but increase the probability of the trade failing! Low and behold the trade failed and we got stopped out, its life, we knew the risk and potential reward, and our game plan was in place. 

To learn more about when this trade will breakdown, sign up for our All Access Membership

Leave a comment